Good Pay Does Not Define A Quality Job

Cathie Leimbach • July 2, 2024

Emotional health in the workplace is a critical aspect often overlooked in today's fast-paced environments. Shockingly, only 23% of employees report thriving at work, with nearly half of those under 30 stating that their job has negatively impacted their mental well-being. However, fostering emotional health not only improves individual satisfaction but also boosts overall productivity and retention rates.


Good pay alone does not define a quality job. Thriving at work requires both a living wage and a positive emotional experience. One key factor in promoting emotional health is providing employees with a sense of ownership in their work. When individuals feel empowered and valued, their motivation and loyalty soar. This can be achieved through alignment between personal values and company purpose, granting autonomy to leverage strengths, and fostering mutual respect and trust.



Building psychological ownership is crucial. This involves soliciting employee input, actively listening to their ideas, and implementing valuable suggestions. By prioritizing emotional health and fostering ownership, organizations can create a workplace where employees thrive, driving success for both individuals and the company as a whole.

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Rosabeth Moss Kanter, a respected professor at Harvard Business School, has spent her career connecting the dots between leadership and economic innovation. Her work shows that developing strong leaders doesn’t just benefit companies—it creates ripple effects that boost entire communities and economies. Effective leaders encourage teamwork, spark innovation, and help their organizations adapt to change. That kind of forward-thinking leadership attracts investment, drives productivity, and supports long-term growth. Kanter believes leadership isn’t a soft skill—it’s a strategic asset. She famously said, “Strategic leadership is an economic resource,” reminding us that developing talent is more than an HR initiative—it’s an engine for prosperity. But good leaders aren’t born overnight. Building strong leadership takes training, mentorship, and a commitment to continuous learning. And when businesses and governments make that investment, the rewards show up as better jobs, stronger institutions, and thriving local economies. Kanter’s research is clear: the path to economic progress starts with leadership development. If we want innovation and growth, we need people equipped to lead with vision and impact.  👉 Want to explore this connection further? Check out: How Good Leadership Helps Innovation and Growth
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